Millstreet Capital (DBD) client accounts sell 112,305 Diebold Nixdorf shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Millstreet Capital Management LLC, as investment adviser to certain client accounts, reported indirect open-market sales of Diebold Nixdorf, Inc. (DBD) common stock. The accounts sold 51,472 shares on April 15 at an average price of $85.4314 per share and 60,833 shares on April 16 at $84.7741 per share.
After the April 16 transaction, the accounts held 4,704,438 shares of common stock. Millstreet, along with managing members Brian D. Connolly and Craig Kelleher, disclaims beneficial ownership of these shares except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 112,305 shares ($9,554,388)
Net Sell
2 txns
Insider
Millstreet Capital Management LLC, Connolly Brian D, Kelleher Craig
Role
10% Owner | 10% Owner | 10% Owner
Sold
112,305 shs ($9.55M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 60,833 | $84.7741 | $5.16M |
| Sale | Common Stock | 51,472 | $85.4314 | $4.40M |
Holdings After Transaction:
Common Stock — 4,704,438 shares (Indirect, See Footnote)
Footnotes (1)
- [object Object]
Key Figures
Shares sold April 15: 51,472 shares
Shares sold April 16: 60,833 shares
Total shares sold: 112,305 shares
+3 more
6 metrics
Shares sold April 15
51,472 shares
Open-market sale at $85.4314 per share
Shares sold April 16
60,833 shares
Open-market sale at $84.7741 per share
Total shares sold
112,305 shares
Sum of reported open-market sales
Post-transaction holdings
4,704,438 shares
Shares held for accounts after April 16 sale
April 15 sale price
$85.4314 per share
Weighted average sale price
April 16 sale price
$84.7741 per share
Weighted average sale price
Key Terms
open-market sale, indirect ownership, beneficial ownership, pecuniary interest, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for both common stock transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"direct_or_indirect: "I" and ownership_type: "indirect" for the sales"
beneficial ownership financial
"may be deemed to beneficially own Common Shares held for the accounts"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest"
private investment funds financial
"provides investment advisory services to private investment funds and accounts"
FAQ
What insider transactions were reported for DBD by Millstreet Capital?
Millstreet-related accounts reported open-market sales of 112,305 DBD shares over two days. They sold 51,472 shares at $85.4314 on April 15 and 60,833 shares at $84.7741 on April 16, all in common stock.
Are these DBD insider transactions direct or indirect holdings for the reporting persons?
The Form 4 labels the transactions as indirect ownership. The shares are held for private investment funds and accounts advised by Millstreet, with the reporting persons’ interests arising through their roles and any associated pecuniary interests.